Healing Private Wounds
EIN: 770715325 · Cadillac, MI · NTEE: F42
| Metric | Value |
|---|---|
| Total Revenue | $313K |
| Total Expenses | $64K |
| Net Assets | $164K |
Is Healing Private Wounds Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Healing Private Wounds
Healing Private Wounds (EIN: 770715325) is a nonprofit organization based in Cadillac, MI, classified under NTEE code F42. The organization reported total revenue of $313K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Healing Private Wounds's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Healing Private Wounds is a small nonprofit that has been operating for 16 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $64K |
| Surplus / Deficit | +$12K |
| Total Assets | $172K |
| Total Liabilities | $8K |
| Net Assets | $164K |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 32.1 months |
Financial Health Grade: A
In 2023, Healing Private Wounds reported a surplus of $12K with revenue exceeding expenses, holds 32.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Healing Private Wounds's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.1% | +121.0% | +13.2% |
| 2022 | -15.8% | +13.8% | -1.8% |
| 2021 | +23.1% | +14.1% | +113.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Healing Private Wounds has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Healing Private Wounds with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.6%.
Frequently Asked Questions about Healing Private Wounds
Is Healing Private Wounds a legitimate charity?
Based on AI analysis of IRS 990 filings, Healing Private Wounds (EIN: 770715325) insufficient data. 0 red flags identified, 0 strengths noted.
How does Healing Private Wounds spend its money?
Detailed spending breakdown data is not yet available for Healing Private Wounds. Check back for updated IRS 990 analysis.
Are donations to Healing Private Wounds tax-deductible?
Healing Private Wounds is registered as a tax-exempt nonprofit (EIN: 770715325). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Healing Private Wounds located?
Healing Private Wounds is headquartered in Cadillac, Michigan and files with the IRS under EIN 770715325. It is classified under NTEE code F42.
How many years of IRS 990 filings does Healing Private Wounds have?
Healing Private Wounds has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $313K in total revenue.
Filing History
IRS 990 filing history for Healing Private Wounds showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Healing Private Wounds's revenue has grown by 42.1%, moving from $54K to $76K. Total assets increased by 136.8% over the same period, from $72K to $172K. Total functional expenses rose by 186.9%, from $22K to $64K. In its most recent filing year (2023), Healing Private Wounds reported a surplus of $12K, with revenue exceeding expenses. The organization holds $8K in liabilities against $172K in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $164K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $64K | $172K | $8K | — | View 990 |
| 2022 | $56K | $29K | $152K | $0 | — | View 990 |
| 2021 | $66K | $26K | $154K | $0 | — | — |
| 2020 | $54K | $22K | $72K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $64K, and assets of $172K (revenue +37.1% year-over-year).
- 2022: Revenue of $56K, expenses of $29K, and assets of $152K (revenue -15.8% year-over-year).
- 2021: Revenue of $66K, expenses of $26K, and assets of $154K (revenue +23.1% year-over-year).
- 2020: Revenue of $54K, expenses of $22K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Healing Private Wounds:
Data Sources and Methodology
This transparency report for Healing Private Wounds is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.